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11. |
It is transfer payment: |
A. |
Payment of college tuition |
B. |
A social security payment |
C. |
Interest paid for a bank loan |
D. |
Payment for a leased car |
Answer: Option B
Explanation:
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12. |
It is counted in GDP: |
A. |
Sale price of an old car |
B. |
Purchase of 100 shares of PSO |
C. |
A TV set produced this year but not sold |
D. |
The leisure people consume |
Answer: Option C
Explanation:
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13. |
If government increases taxes, private savings: |
A. |
Increase |
B. |
Decrease |
C. |
Do not change |
D. |
Will become zero |
Answer: Option B
Explanation:
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14. |
If C=200 and I = 40 then Y will equal to: |
A. |
160 |
B. |
240 |
C. |
200 |
D. |
None of the above |
Answer: Option B
Explanation:
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15. |
Corporate tax is levied on: |
A. |
Landlords |
B. |
Municipal corporations |
C. |
Big companies |
D. |
Importers |
Answer: Option C
Explanation:
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16. |
If we deduct direct tax from personal income, we get: |
A. |
Net national income |
B. |
Personal saving |
C. |
Disposable income |
D. |
Per capita income |
Answer: Option C
Explanation:
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17. |
The largest part of national income is: |
A. |
Consumption |
B. |
Investment |
C. |
Saving |
D. |
Transfer payments |
Answer: Option A
Explanation:
|
18. |
We measure national income by this method: |
A. |
Expenditure method |
B. |
Income method |
C. |
Product method |
D. |
All of the above |
Answer: Option D
Explanation:
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19. |
Which statement is true? |
A. |
NNP = GNP - Depreciation |
B. |
NNP = NI |
C. |
NNP = DPI |
D. |
None of these |
Answer: Option A
Explanation:
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20. |
Transfer payments means: |
A. |
Bank loans |
B. |
The payment without work |
C. |
Tax payments |
D. |
Payment made to all factors of production |
Answer: Option B
Explanation:
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